Mplx (MPLXP) Gross Profit (2011 - 2026)
Mplx's (MPLXP) quarterly Gross Profit came in at $2.5 billion in Q1 2026, up 22.65% year-on-year from $2.1 billion in Q1 2025, and up 1389.34% sequentially from -$197.0 million in Q4 2025.
Mplx (MPLXP) Gross Profit (2011 - 2026) Analysis & Trends
Mplx's Gross Profit history runs 16 years deep, the most recent figure standing at $2.5 billion for Q1 2026.
- In Q1 2026, Gross Profit rose 22.65% year-over-year to $2.5 billion; the TTM figure through Mar 2026 stood at $7.5 billion (down 12.55% YoY), while the FY2025 annual figure was $8.2 billion, up 7.03% from the prior year.
- Gross Profit came in at $2.5 billion for Q1 2026 at Mplx, up from -$197.0 million in the prior quarter.
- Over five years, Gross Profit peaked at $3.1 billion in Q3 2025 and troughed at -$197.0 million in Q4 2025.
- The 5-year median for Gross Profit is $2.0 billion (2025), against an average of $1.9 billion.
- The widest annual swing landed in 2023, when Gross Profit surged 587.23%; it then sank 109.77% in 2025.
- A 5-year view of Gross Profit shows it stood at $274.0 million in 2022, then surged by 587.23% to $1.9 billion in 2023, then gained by 7.06% to $2.0 billion in 2024, then slumped by 109.77% to -$197.0 million in 2025, then jumped by 1389.34% to $2.5 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $2.5 billion in Q1 2026, -$197.0 million in Q4 2025, and $3.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Mplx | - | - | 2.54 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.54 Bn |
| Mar 31, 2026 | 2.54 Bn |
| Dec 31, 2025 | -197.00 Mn |
| Dec 31, 2025 | -197.00 Mn |
| Sep 30, 2025 | 3.13 Bn |
| Sep 30, 2025 | 3.13 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Mar 31, 2025 | 2.07 Bn |
| Mar 31, 2025 | 2.07 Bn |
| Dec 31, 2024 | 2.02 Bn |
| Dec 31, 2024 | 2.02 Bn |
| Sep 30, 2024 | 2.57 Bn |
| Sep 30, 2024 | 2.57 Bn |
| Jun 30, 2024 | 1.87 Bn |
| Jun 30, 2024 | 1.87 Bn |
| Mar 31, 2024 | 1.80 Bn |
| Mar 31, 2024 | 1.80 Bn |
| Dec 31, 2023 | 1.88 Bn |
| Dec 31, 2023 | 1.88 Bn |